We consider the regulation of a monopoly facing consumers that may evade payments, an important issue in public … utilities. To maximize total surplus, the regulator sets the price and socially costly transfers, ensuring that the monopoly …

The paper empirically examines the implementation record of international financial regulation of the banking sector … record is particularly strong in countries where large banking sectors and big banks are both present, and where regulation …

materialize. Financial regulation encouraging the decarbonization of the banks' balance sheets via tax-subsidy schemes …

regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …

The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation …. The government maximizes total surplus but incurs some cost of public funds. An alternative to regulation is proposed in …-post with the private firms. This ex-post contracting set-up allows more flexibility than traditional regulation where …

We consider the regulation of a monopoly facing consumers that may evade payments, an important issue in public … utilities. To maximize total surplus, the regulator sets the price and socially costly transfers, ensuring that the monopoly …

We consider a model featuring a single-product natural monopoly, which faces evaders, i.e., individuals that may not … the price, the level of deterrence effort, and socially costly transfers to ensure the monopoly's participation. We obtain … to finance the firm's deficit. The regulated price is always below the monopoly price and, under sufficient conditions …

competitive and monopolistic settings. We find that the presence of monopoly results in a higher tax rate than in the competitive … competition, she may prefer – ceteris paribus – a positive tax rate in the presence of monopoly. …